12820 Ward Street
Southgate, MI 48195

Description

WELL-MAINTAINED 4-UNIT HOME IS A GREAT INVESTMENT OPPORTUNITY. 3 UNITS (upper, front and rear entry) HAVE 1 BEDROOM AND 1 BATH. LOWER LEVEL UNIT HAS 1 BEDROOM, AN OFFICE (WHICH CAN BE CONVERTED TO A BEDROOM) AND 1 BATH. UNITS ARE/HAVE BEEN PREVIOUSLY LEASED WITH A NO SMOKING/NO PET POLICY. DETACHED GARAGE WITH STORAGE AVAILABLE FOR TENANTS OR CAN BE RENTED INDEPENDENTLY. YARD HAS A PATIO AND IS FENCED. PARKING FOR 8 VEHICLES ON EXTRA WIDE/LONG DRIVEWAY CAN BE ACCOMMODATED. PROJECTED INCOME CAN BE $3050.00 GROSS PER MONTH WHEN FULLY LEASED. PROJECTED INCOME IS BASED ON FULLY (NON-OWNER) OCCUPIED UNITS. OWNER PAYS UTILITIES THAT AVERAGE $203.00 PER MONTH.

Details

MLS#219030859
Sub-TypeResale
StatusActive
Year1939
Days On Site78

Features

SQ Feet1,764
Units4
Building(s)1

Market Activity 48195

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Area Information

StateMI
CountyWayne
CitySouthgate
Zip Code48195
AreaSouthgate
Listing VS Median (in 48195)
Price:
$185,000
low | high
Med:
$129,900
79.783783783784% of Average
SqFt:
1,764
low | high
Med:
1,248
79.251700680272% of Average
$ / SqFt:
$105
low | high
Med:
$104
50.752079002079% of Average
On Site:
78
low | high
Med:
35
100% of Average
Listing Updated: 06/24/2019
MLS Number: 219030859
Listing Provided By:
Steven A Moore  of  KW Showcase Realty
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